It Is Still An Active Market

Around this time of year things tend to slow down significantly on LBI...not quite the case this year. Rental activity looks like it is on pace and perhaps even going to be busier than last year, and last year was really crazy busy. Better properties are already becoming scarce, as it appears folks who waited a little too long last year are making sure they get in ahead of the crowd this year. A word to the wise. Sales are also unusually busy with plenty of buyers still poking around. Another word to the wise. Looks like it may be a very busy Spring at this point but still a little too early to call. Most think that the Fed will definitely do an increase in December. Remains to be seen how much and how many in the coming months. The resultant increase in mortgage rates is a certainty, once again it is a question of degree. I will not be surprised if we see an unusual bump in sales from folks who will be be anticipating this and looking to take advantage of the current rates while they last. Another word to the wise. Can' believe Christmas is right around the corner, so a wonderful and blessed holiday season to all.